HK Stock Market Move | CHOW TAI FOOK (01929) is now up by over 4%. The gold jewelry brand "Fixed Price" will gradually start raising its prices.

CHOW TAI FOOK (01929) is currently up over 4%, reaching 4.39% as of press time, at HK$16.42, with a turnover of HK$3.07 billion. On the news front, the price of physical gold continues to rise, with Japan's largest gold retailer suspending the sale of 50-gram or smaller gold bars and platinum bars due to supply shortages. Several mainstream domestic jewelry brands are also raising prices one after another. It is reported that brands such as CHOW SANG SANG and CHOW TAI FOOK have announced price increases for "fixed price" gold jewelry starting in mid to late October, with increases ranging from 10% to 35%. Guosen released a research report stating that in August 2025, the social retail sales of the gold jewelry industry increased by 16.8% year-on-year. With the low base effect and the continued upward trend in gold prices, the overall sales scale is expected to continue to improve in the third quarter. One-price gold products with high fashionability meet the current demand of young consumers and are less sensitive to fluctuations in gold prices. The growth rate of related brands is expected to be higher than the overall industry.